2025-12-24 01:24:32

The gold market continues to demonstrate strong long positions, with prices breaking new highs consecutively. From the daily chart, the continuous arrangement of bullish candles is stable, and the moving averages show a classic golden cross pattern opening upwards, indicating a good overall trend quality. The technical indicators continue to send favourable information — the RSI has reached the high region of 80, which means there are indeed signs of overheating in the short term; however, on the hourly and four-hour charts, the price breakout is accompanied by a significant increase in trading volume, and the bullish momentum is still continuing.

From the specific performance of price movements, gold is supported by the MA10 moving average and continues to climb along the upper Bollinger Band. This structure indicates a strong continuation of the trend. The trading mindset should be very clear: do not speculate on where the top is, nor should you go short against the trend, but rather firmly maintain a low long positions mindset.

Key position reference:
Support: 4498/4483/4470/4452
Resistance: 4520/4537/4548/4568

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rugdoc.eth

· 22h ago

This wave of gold is really fierce; the RSI is already at 80 and still pushing. I'm a bit worried.

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TheShibaWhisperer

· 12-24 01:54

Gold has taken off again, this wave is really intense, let's continue to follow the long positions and make money.

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RugResistant

· 12-24 01:51

The gold surge is really fierce, the RSI is already at 80 and still climbing, feeling a bit scared --- The low long strategy is not wrong, but don’t get tricked into it --- I'm waiting at the 4520 level, if it breaks, I’ll continue to chase --- The upper band of the Bollinger Bands is so strong, it feels like there's still room --- With such a strong trend, shorting against the trend is just looking for death --- Wow, breaking new highs continuously, where is this going to shoot up to? --- With so much support, it seems like the market maker has planned this long ago --- The volume increase is indeed reliable, I’m following it.

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CryptoFortuneTeller

· 12-24 01:34

Is it going to break a new high again? My goodness, this market trend is really a bit crazy... The RSI is already at 80 and still in green, the courage is truly great!

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